Kazuo Ueda

The Bank of Japan policymakers expressed growing concerns about inflation risks and yen weakness during their January meeting, where they raised rates to a 17-year high of 0.5%, according to meeting summary notes released on Monday. Several board members emphasized the need for “timely and...

Bank of Japan Governor Kazuo Ueda indicated Wednesday that the central bank is prepared to raise interest rates if economic and price conditions continue to improve, as Japan’s 10-year government bond yields touched their highest level since 2011 amid mounting speculation of policy tightening...

Bank of Japan Governor Kazuo Ueda indicated on Tuesday that the central bank is in no hurry to raise interest rates further. What Happened: Ueda mentioned that the BOJ will closely monitor financial markets and global economic conditions before making any decisions, Reuters reported. He emphasized...

The world's leading central banks have opened a fresh phase of interest rate cuts, spurred by a softening in inflation across advanced economies. With inflation sliding closer to target levels, policymakers are keen to unwind some of the policy restrictiveness that's become a drag on growth. But a...

The Japanese yen sent shockwaves through the markets at the start of September, triggering alarms for traders already on edge in what is shaping up to be a highly volatile month. The yen, as tracked by the Invesco CurrencyShares Japanese Yen Trust (NYSE:FXY), appreciated over 0.9% by 11:30 a.m. ET...

The dollar-yen exchange rate experienced hours of turbulence after the Bank of Japan delivered hawkish remarks overnight, just ahead of Fed Chair Jerome Powell‘s highly anticipated speech at Jackson Hole, set for 10:00 a.m. ET on Friday. During a parliamentary hearing on Friday, BoJ Governor...

In a historic move, the Bank of Japan (BOJ) has increased interest rates for the first time in 17 years, signaling the end of the world’s last negative rates regime. What Happened: The BOJ announced on Tuesday that it would raise its short-term interest rates to approximately 0% to 0.1% from...